Step-by-Step: How to Purchase Bitcoin in India with ZebPay in Seconds

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Categories: Bitcoins

Are you curious about the world of cryptocurrencies and can't wait to acquire some Bitcoin (BTC)? ZebPay provides an easy-to-use platform for buying Bitcoin in a matter of minutes if you're an Indian citizen. Everything from setting up your ZebPay account to making your first Bitcoin purchase will be covered in this article.


Setting Up Your ZebPay Account


•Download the ZebPay App: Head to the Google Play Store or Apple App Store and search for "ZebPay." Download and install the app on your smartphone.


•Registering for an Account: Launch the ZebPay app and tap on "Sign Up." Enter your mobile number and create a strong password. You'll receive a verification code via SMS, which you'll need to enter to proceed.


•KYC Verification (Know Your Customer): Like the majority of cryptocurrency exchanges, ZebPay is required by law to undergo KYC verification. To verify this, you must provide a selfie and a government-issued ID (such as an Aadhar card or PAN card). Once your account has been verified, ZebPay will contact you, and the procedure is typically rather quick.


•Pro Tip: Ensure you have clear, well-lit photos of your ID and selfie for a smooth verification process.


Funding Your ZebPay Account


Once your account is verified, you'll need to deposit funds before you can purchase Bitcoin. ZebPay offers several deposit methods to suit your preference:


•Instant Deposit (IMPS/UPI): The quickest and most practical choice is this one. You can send money straight to your ZebPay wallet by using IMPS or UPI to link your bank account. You can purchase Bitcoin immediately since the money will appear in your account quickly.


•Bank Transfer: With the bank account details provided in the app, you can start a bank transfer from your bank account to ZebPay's bank account. It usually takes 1-2 business days for the money to appear in your ZebPay wallet when using this method.


•Liquideze (for Large Transactions): If you're planning a significant Bitcoin purchase, ZebPay offers Liquideze, a peer-to-peer (P2P) marketplace. This method connects you with other users who are selling Bitcoin, and you can negotiate the price and payment method directly.


•Choosing Your Deposit Method: Consider the urgency of your purchase and your preferred payment method when selecting a deposit option. Instant deposit offers the fastest turnaround, while bank transfers might be suitable for planned purchases.


Buying Bitcoin on ZebPay


With your account verified and funds deposited, you're ready to buy Bitcoin! Here's how:


•Locate the Buy Option:   Open the ZebPay app and navigate to the "Buy" section. You might see a "Quick Buy" option for a basic purchase or an "Exchange" option for more advanced trading features.


•Select Bitcoin (BTC): Whichever buying option you choose, ensure you select Bitcoin (BTC) as the cryptocurrency you want to purchase.


•Specify the Amount: Enter the desired purchase amount of Bitcoin. You don't have to buy Bitcoin in full at once with ZebPay because you can buy it in smaller amounts. Additionally, if you would like to invest a certain amount of rupees (INR), ZebPay will figure out how much Bitcoin that will be based on the price of the coin right now.


•Review and Confirm: Double-check the amount of Bitcoin you're purchasing and the total price, including any fees. Once you're satisfied, confirm the transaction.


Congratulations! You've successfully purchased Bitcoin on ZebPay. The Bitcoin will be deposited into your ZebPay wallet, which you can access within the app.


Additional Considerations


•Market Volatility: The price of Bitcoin fluctuates constantly. Be aware of the current market price before making a purchase and consider your investment strategy.


•Transaction Fees: ZebPay charges minimal fees for deposits, withdrawals, and trading. Familiarize yourself with the fee structure before making a transaction.


•Secure Your Bitcoin: ZebPay offers a secure wallet to store your Bitcoin. However, for additional security, consider transferring your Bitcoin to a personal hardware wallet for long-term storage.


You may use ZebPay to safely and conveniently buy Bitcoin in India by following these instructions. Keep in mind that the bitcoin market is unstable, so make wise investments and do your homework.

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